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प्रश्न
"Active Government intervention is essential in education and health sectors in India."
Do you agree with the given statement? Give reasons in support of your answer.
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उत्तर
Yes, I agree with the statement that active government intervention is essential in the education and health sectors in India.
Reasons:
- To promote equity: For persons in the lower and medium income groups, health and education becoming more expensive. Therefore, the majority of the population will be deprived of these goods if they are left to the free play of market forces or in private hands. Therefore, government intervention is required to ensure that persons with lesser incomes have access to medical and health facilities.
- For human capital formation: More money spent on health and education results in the creation of more human capital in the nation. Therefore, it is the responsibility of the government of a nation to offer it at a low cost in order to develop assets for the economy.
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संबंधित प्रश्न
Which of the following is not a merit of human capital formation?
The stock of skill and expertise of a nation at a particular point of time is known as ______.
Read the following statements - Assertion (A) and Reason (R):
Assertion (A) - Human capital treats human beings as a means to an end (increase in productivity).
Reason(R) - Human Capital Formation decreases by way of investments in education and health.
From the given alternatives choose the correct one:
Read the following case study carefully and answer the question that follows.
Human capital can be defined as the body of knowledge possessed by the population and the capacity of the population to use the knowledge effectively. Until the late 1950s, no economist and any other social scientist did pay much attention to the role of investment in human beings as an important determinant of economic development. The birth of this idea can be dated from the presidential address of Prof. Theodore W. Schultze to the American Economic Association in December 1960. As a result, the concept of human capital formation came to the limelight. A circular relationship between human development and economic growth has come to be established. Economic growth creates conditions for better health and education facilities; which in turn spur economic growth.
Human Capital Formation came into existence in ______.
Read the following case study carefully and answer the question that follows.
Human capital can be defined as the body of knowledge possessed by the population and the capacity of the population to use the knowledge effectively. Until the late 1950s, no economist and any other social scientist did pay much attention to the role of investment in human beings as an important determinant of economic development. The birth of this idea can be dated from the presidential address of Prof. Theodore W. Schultze to the American Economic Association in December 1960. As a result, the concept of human capital formation came to the limelight. A circular relationship between human development and economic growth has come to be established. Economic growth creates conditions for better health and education facilities; which in turn spur economic growth.
Economists say that the main key player of economic development is ______.
Read the following case study carefully and answer the question that follows.
Human capital can be defined as the body of knowledge possessed by the population and the capacity of the population to use the knowledge effectively. Until the late 1950s, no economist and any other social scientist did pay much attention to the role of investment in human beings as an important determinant of economic development. The birth of this idea can be dated from the presidential address of Prof. Theodore W. Schultze to the American Economic Association in December 1960. As a result, the concept of human capital formation came to the limelight. A circular relationship between human development and economic growth has come to be established. Economic growth creates conditions for better health and education facilities; which in turn spur economic growth.
In ______ Five year Plan, India emphasized on human capital formation.
Read the following case study carefully and answer the question that follows.
Human capital can be defined as the body of knowledge possessed by the population and the capacity of the population to use the knowledge effectively. Until the late 1950s, no economist and any other social scientist did pay much attention to the role of investment in human beings as an important determinant of economic development. The birth of this idea can be dated from the presidential address of Prof. Theodore W. Schultze to the American Economic Association in December 1960. As a result, the concept of human capital formation came to the limelight. A circular relationship between human development and economic growth has come to be established. Economic growth creates conditions for better health and education facilities; which in turn spur economic growth.
________ means an improvement in the quality of life and living standards, e.g., measures of literacy, life expectancy, and health care.
How is human development a broader term as compared to human capital?
According to the concept of human capital, investment in education and health primarily raises the:
In the human capital approach, education and health are viewed as:
In the human development approach, education and health are treated as:
According to the human development perspective, the ultimate end of all development is:
In the human development perspective, education and health are regarded as:
The focus of the human capital approach is on:
The focus of the human development approach is on:
If a construction worker, maid-servant, dhobi, or school peon is absent for a long time due to ill health, what may happen to their job?
What conclusion can be drawn about the relationship between health and employment?
Good health supports:
